The Big House Or The Bank House

I'm sure a lot of people are excited about the new renovations at Michigan Stadium. It was an investment to the stadium and into the program, and while people may think it was a costly expenditure, it appears that it will pay major dividends:

Parker says 58 of the 81 suites are spoken for and 47 of them have been paid in full, adding he's confident the other 11 will be soon. Suites range in price from $55,000 to $85,000 and include 16 tickets, parking and a three-, five- or seven-year pledge.

Parker says the school has commitments for 2,822 of its 3,685 club seats that cost between $1,500 to $4,000 per seat plus the cost of tickets.

It's not just about the revenue that the University will gain from the suites, but also the ability to court potential alums and other donors to give money to the school. Michigan is a public school, but most of its funds are private. We rely heavily on our alumni to support the school.